News / Wan Hai launches new spending spree on second-hand containerships

Photo: Paul Chiang

Wan Hai Lines has purchased one of its chartered ships after setting aside $200m for second-hand vessel purchases.

In a Taiwan Stock Exchange filing on Friday, Wan Hai said it had bought the 1,700 teu Box Express (pictured above) for $40.5m, having chartered the ship since June.

The 2016-built Box Express and sister vessels Box Endeavour and Box Endurance were commissioned by Greek tonnage provider Allseas Marine at CSSC Huangpu Wenchong Shipbuilding. Wan Hai has had the sister vessels on charter since the start of ...